Nis sound systems, Electrical Engineering

Assignment Help:

NIS Sound Systems, Inc. produces and sells sound systems for both home and auto. DVD players used in the assembly of NIS systems are purchased from BUN Electronics. NIS purchasing agent currently submits a purchase requisition for DVD players 13 times a year, and their order size generally remains fixed from cycle to cycle. The company's annual requirements for DVD players total 5,000 units (20 units per working day), and the cost per unit is $60. The supplier has been quite reliable with deliveries; total time between date of order and the date of receipt is 5 days. Associated with the purchase of each shipment is ordering cost. This cost, which amounts to $20 per order, includes the cost of preparing the requisition, inspecting the delivered goods, and issuing a check for payment. In addition to the ordering cost, NIS incurs inventory carrying cost that includes cost of capital, insurance, storage, handling, tax and so forth. This cost equals 10 percent of the purchase cost per unit per year. Beginning on September 2010, NIS management would like to embark on a companywide cost-control program in an attempt to improve its profits. One area to be closely scrutinized for possible cost savings is inventory management. Given this strong pressure from top management, the operations manager, Ms. Mary Jones, wants to know if there would be any possible cost savings in her area. More specially, she would like to understand how much costs could be saved from an effective inventory policy.


Related Discussions:- Nis sound systems

What are the basic operations of a computer, What are the basic operations ...

What are the basic operations of a computer? The basic operations are READ and WRITE.

Find out the low-frequency voltage gain, Design a differential amplifier wi...

Design a differential amplifier with active current mirror load in Cadence using TSMC 0.35 micron process. The power supply voltage is 3.3V. A 10µA current reference is available

4gls - fourth generations languages, 4GLs (Fourth Generations Languages) ...

4GLs (Fourth Generations Languages) These  are called  non procedural  languages May be considered as  advanced HLL. Objects oriented programming  languages and language  with

Explain the theory of thermal runaway, Q. Explain the theory of thermal run...

Q. Explain the theory of thermal runaway?           The maximum average power Pdmax which a transistor can dissipate depends upon the transistor construction and may lie in the

Write a brief note on common drain amplifier, Q. Write a brief note on comm...

Q. Write a brief note on common drain amplifier Since voltage at the gate-drain is more easily determined than that of the voltage at gate-source, the voltage source in the inp

Electric machinery fundamentals, Ask qu1. If the resistor Radj is adjusted ...

Ask qu1. If the resistor Radj is adjusted to 175O what is the rotational speed of the motor at no-load conditions? 2. Assuming no armature reaction, what is the speed of the motor

Why do we use xra a instruction, Why do we use XRA A instruction The XR...

Why do we use XRA A instruction The XRA A instruction is used to clear the contents of the Accumulator and keep the value 00H.

DC Generator, What is Commutator? Explain in brief about the Commutator act...

What is Commutator? Explain in brief about the Commutator action in dc generator.

Principles for implementation of strategy in organization, Principles for I...

Principles for Implementation of Strategy in an Organization Organization required focusing on five principles for the successful implementation of strategy. Organizations wil

Comparison with vacuum tubes, Comparison with vacuum tubes: Prior to t...

Comparison with vacuum tubes: Prior to the growth of transistors, vacuum (electron) tubes (or in the UK (United Kingdom) "thermionic valves" or just "valves") were the major a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd